Camtek Ltd. (NASDAQ:CAMT) Shares Sold by Altshuler Shaham Ltd

Altshuler Shaham Ltd lowered its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 83.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,743 shares of the semiconductor company’s stock after selling 8,718 shares during the quarter. Altshuler Shaham Ltd’s holdings in Camtek were worth $142,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp grew its holdings in shares of Camtek by 364.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 324 shares in the last quarter. Huntington National Bank raised its stake in shares of Camtek by 42.4% in the 4th quarter. Huntington National Bank now owns 413 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 123 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Camtek in the third quarter worth $53,000. Optimum Investment Advisors boosted its holdings in Camtek by 43.3% during the fourth quarter. Optimum Investment Advisors now owns 2,150 shares of the semiconductor company’s stock valued at $174,000 after acquiring an additional 650 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Camtek in the 4th quarter valued at approximately $209,000. Hedge funds and other institutional investors own 41.93% of the company’s stock.

Camtek Stock Down 3.9 %

NASDAQ:CAMT opened at $57.95 on Thursday. The company has a current ratio of 5.00, a quick ratio of 4.11 and a debt-to-equity ratio of 0.36. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.89 and a beta of 1.42. The stock has a 50-day moving average price of $68.22 and a two-hundred day moving average price of $77.66. Camtek Ltd. has a 1 year low of $47.41 and a 1 year high of $140.50.

Camtek (NASDAQ:CAMT) last posted its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a return on equity of 24.99% and a net margin of 27.61%. As a group, equities analysts expect that Camtek Ltd. will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Cantor Fitzgerald assumed coverage on shares of Camtek in a report on Monday, January 13th. They set a “neutral” rating and a $100.00 price objective on the stock. Northland Securities upped their target price on shares of Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. StockNews.com downgraded Camtek from a “hold” rating to a “sell” rating in a research report on Monday. Bank of America decreased their price target on shares of Camtek from $105.00 to $80.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Barclays dropped their price objective on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $107.50.

About Camtek

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.